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Mitcham Industries, Inc.'s account receivable for the three months ended in Jan. 2014 was $30.52 Mil. Mitcham Industries, Inc.'s revenue for the three months ended in Jan. 2014 was $23.65 Mil. Hence, Mitcham Industries, Inc.'s days sales outstanding for the three months ended in Jan. 2014 was 117.45.
Mitcham Industries, Inc.'s days sales outstanding increased from Jan. 2013 (80.83) to Jan. 2014 (117.45).
Days sales outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's accounts receivables are being managed.
Account receivable can be measured by Days Sales Outstanding.
Mitcham Industries, Inc.'s Days Sales Outstanding for the fiscal year that ended in Jan. 2014 is calculated as
Mitcham Industries, Inc.'s Days Sales Outstanding for the quarter that ended in Jan. 2014 is calculated as:
* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
Mitcham Industries, Inc. Annual Data
Mitcham Industries, Inc. Quarterly Data